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The Negative Externalities of MEV Spikes
In the next part, we're going to talk a little bit about smoothing and redistribution. Justin: I was trying to fix some of the negative externalities of what I called MEV spikes. What is an MEV spike? It's basically when you get randomly chosen as a proposer and you receive some unknown amount of MEV. We call it spiky because there's these big spikes and the small spikes.